From our daily news service ... David Pye secures more capacity.

Pye syndicate 962, relaunched by former London & Edinburgh managing
director David Pye at the beginning of 2000, has secured a £34m increase
in capacity for 2001.


Trading with non-Lloyd's brokers through non-motor service company
Charringtons, Pye 962 will command in excess of £15m written income for
2000, and is forecasting £30m for 2001. Mr Pye said: "This increase in
business has been achieved by adopting a disciplined approach to focused
underwriting."

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